# Act of Sederunt (Interest in Sheriff Court Decrees and Extracts) 1993, Note: Explanatory note


(This note is not part of the Act of Sederunt)
This Act of Sederunt amends section 9 of the Sheriff Courts (Scotland) Extracts Act 1892 by reducing the rate of interest in decrees pronounced after 1st April 1993 from fifteen per cent to eight per cent.

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Source: https://www.legislation.gov.uk/uksi/1993/769/note (the official version)
Page: https://openlegislation.uk/act-of-sederunt-interest-in-sheriff-court-decrees-and-extracts-1993/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.